Housebuilder Bellway expects total revenue to rise by over 12% to almost £1.5 billion, as demand for affordable new homes remains strong. Bellway expects the number of housing completions to rise by 5.6% to 5,007, with the average selling price rising by 6.5% to...
Experian, the global information services company, has bought MyHealthDirect Inc., a US healthcare software firm, for an undisclosed sum MyHealthDirect which has supplied Experian since 2017, provides tools to for people to access and pay for their healthcare. The company's digital platform helps...
Mothercare has announced plans to close fifty stores as part of a rescue plan. The closures could result in the loss of at least 800 job losses throughout the UK. The restructuring plan, known as a Company Voluntary Agreement or CVA will secure funding of £113 million and result in the closure...
A merger worth £13 billion between Sainsbury's and Asda  has been confirmed by Sainsbury who plan to merge with Asda which is owned by Walmart. Mike Coupe, Chief Executive of Sainsbury's, has said the deal would not result in store closures or job losses. As a result of the merger the...
Underlying profit before tax increased by 10 per cent to £141.6 million Statutory profit before tax increased to £127.2 million, Underlying total income increased by 5 per cent to £343.0 million Virgin Money have reported a 10 per cent increase in underlying profits for the half year to 30...
Housebuilder Redrow have reported a pre-tax profit of £185 million for the first half of the year; an increase of 5%. Revenue rose by 9% to £970 million. The total order book was up 11% to a record £1.162 billion. As a result of...
Coca‑Cola HBC, a leading bottler of The Coca-Cola Company, has bought Bambi for €260m. Bambi, established in 1967, is Serbia's leading regional confectionery business, manufacturing a range of products including biscuits, wafers and savoury snacks. In 2018, Bambi recorded revenue of...
The Carphone Warehouse, owned by Dixons Carphone, have announced plans to close 92 stores this year, stating that they won’t tolerate the current performance in mobile, or as a Group. Dixons Carphone expects pre-tax profits in the year 2017-18 to be £382 million, but then fall to £300 million in 2018-19. The...
Royal Bank of Scotland (RBS) profits have more than doubled in 2018 to £1.62 billion, an increase of £870 million from last year, with a pre-tax profit of £3.36 billion. It represents a massive turnaround for RBS since the £45.5bn Government bailout in 2008....
National Express has bought a 60% stake in US firm WeDriveU for $84.3 million. WeDriveU provides employee shuttle services to many of the largest Fortune 500 companies in Silicon Valley and the broader San Francisco Bay Area. It also has a presence in...

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